Advertisement
U.S. markets close in 1 hour 59 minutes
  • S&P 500

    5,251.75
    +3.26 (+0.06%)
     
  • Dow 30

    39,790.29
    +30.21 (+0.08%)
     
  • Nasdaq

    16,374.96
    -24.57 (-0.15%)
     
  • Russell 2000

    2,124.78
    +10.43 (+0.49%)
     
  • Crude Oil

    83.01
    +1.66 (+2.04%)
     
  • Gold

    2,241.60
    +28.90 (+1.31%)
     
  • Silver

    24.97
    +0.21 (+0.86%)
     
  • EUR/USD

    1.0799
    -0.0030 (-0.28%)
     
  • 10-Yr Bond

    4.2080
    +0.0120 (+0.29%)
     
  • GBP/USD

    1.2626
    -0.0012 (-0.10%)
     
  • USD/JPY

    151.3830
    +0.1370 (+0.09%)
     
  • Bitcoin USD

    70,797.92
    +2,152.30 (+3.14%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Breakfast Technical Briefing on Ally Financial and Three Other Additional Mortgage Investment Stocks

Stock Research Monitor: AI, ESNT, and OCN

LONDON, UK / ACCESSWIRE / July 13, 2018 / If you want a free Stock Review on ALLY sign up now at www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com monitors Ally Financial Inc. (ALLY), Arlington Asset Investment Corp. (AI), Essent Group Ltd (ESNT), and Ocwen Financial Corp. (OCN). Companies in the Mortgage Investment industry focus primarily on investing in mortgaged-backed securities and other real estate activities. Many companies within this industry are organized as real estate investment trusts, which results in a high-average dividend yield for the sector. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Ally Financial

Detroit, Michigan headquartered Ally Financial Inc.'s shares declined slightly by 0.15%, closing Thursday's trading session at $27.34. The stock recorded a trading volume of 3.16 million shares. The Company's shares have advanced 2.13% in the last month and 27.88% over the past year. The stock is trading 3.05% above its 50-day moving average and 0.55% above its 200-day moving average. Additionally, shares of Ally Financial, which provides various financial products and services for consumers, businesses, automotive dealers, and corporate clients in the US and Canada, have a Relative Strength Index (RSI) of 59.95.

On June 26th, 2018, Ally Financial announced that it has scheduled the release of its Q2 financial results for July 26th, 2018, at 7:30 a.m. ET. The Company will host a conference call at 9:00 a.m. ET that same day to review its performance. The conference call will be webcast live under the Events & Presentations section of the Company's Investor Relations website.

On June 29th, 2018, research firm Janney upgraded the Company's stock rating from ‘Neutral' to ‘Buy'. Get the full research report on ALLY for free by clicking below at:

www.wallstequities.com/registration/?symbol=ALLY

Arlington Asset Investment

On Thursday, shares in Arlington Asset Investment Corp. recorded a trading volume of 602,555 shares. The stock declined slightly by 0.87%, ending the day at $10.26. The Company's shares are trading below their 50-day moving average by 6.84%. Furthermore, shares of the Company, which invests primarily in mortgage-related and other assets, have an RSI of 32.67. AI's complimentary research coverage is a few simple steps away at:

www.wallstequities.com/registration/?symbol=AI

Essent Group

Hamilton, Bermuda-based Essent Group Ltd's stock finished the day 1.61% lower at $36.10 with a total trading volume of 609,908 shares. Shares of the Company, which through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the US, are trading above their 50-day moving average by 0.22%. The stock has an RSI of 45.91. Register for your free research report on ESNT at:

www.wallstequities.com/registration/?symbol=ESNT

Ocwen Financial

Shares in West Palm Beach, Florida headquartered Ocwen Financial Corp. ended yesterday's session flat at $4.13. The stock recorded a trading volume of 477,638 shares. The Company's shares have advanced 50.18% over the past year. The stock is trading 9.53% above its 200-day moving average. Moreover, shares of Ocwen Financial, which originates and services loans in the US, the US Virgin Islands, India, and Philippines, have an RSI of 40.84.

On June 25th, 2018, Ocwen Financial (OCN) announced that as part of its ongoing efforts to reduce costs, the Company has determined that it will not renew its contract with Fitch Ratings, Inc. (Fitch) for various corporate ratings. OCN's US Residential Mortgage Primary Servicer and other servicer ratings are governed by separate agreements with Fitch and are not impacted by this action. Wall St. Equities' downloadable research report on OCN available at:

www.wallstequities.com/registration/?symbol=OCN

Wall St.Equities:

Wall St. Equities (WSE) producesregular sponsored and non-sponsored reports, articles, stock market blogs, andpopular investment newsletters covering equities listed on NYSE and NASDAQ andmicro-cap stocks. WSE has two distinct and independent departments. Onedepartment produces non-sponsored analyst certified content generally in theform of press releases, articles and reports covering equities listed on NYSEand NASDAQ and the other produces sponsored content (in most cases not reviewedby a registered analyst), which typically consists of compensated investmentnewsletters, articles and reports covering listed stocks and micro-caps. Suchsponsored content is outside the scope of procedures detailed below.

WSE has not been compensated; directlyor indirectly; for producing or publishing this document.

PRESS RELEASEPROCEDURES:

The non-sponsored content containedherein has been prepared by a writer (the "Author") and is factchecked and reviewed by a third-party research service company (the"Reviewer") represented by a credentialed financial analyst [forfurther information on analyst credentials, please email info@wallstequities.com.Rohit Tuli, a CFA® charterholder (the "Sponsor"), providesnecessary guidance in preparing the document templates. The Reviewer hasreviewed and revised the content, as necessary, based on publicly availableinformation which is believed to be reliable. Content is researched, writtenand reviewed on a reasonable-effort basis. The Reviewer has not performed anyindependent investigations or forensic audits to validate the informationherein. The Reviewer has only independently reviewed the information providedby the Author according to the procedures outlined by WSE. WSE is not entitledto veto or interfere in the application of such procedures by the third-partyresearch service company to the articles, documents or reports, as the case maybe. Unless otherwise noted, any content outside of this document has noassociation with the Author or the Reviewer in any way.

NOWARRANTY

WSE, the Author, and the Reviewer arenot responsible for any error which may be occasioned at the time of printingof this document or any error, mistake or shortcoming. No liability is acceptedwhatsoever for any direct, indirect or consequential loss arising from the useof this document. WSE, the Author, and the Reviewer expressly disclaim anyfiduciary responsibility or liability for any consequences, financial orotherwise arising from any reliance placed on the information in this document.Additionally, WSE, the Author, and the Reviewer do not (1) guarantee theaccuracy, timeliness, completeness or correct sequencing of the information, or(2) warrant any results from use of the information. The included informationis subject to change without notice.

NOT ANOFFERING

This document is not intended as anoffering, recommendation, or a solicitation of an offer to buy or sell thesecurities mentioned or discussed, and is to be used for informational purposesonly. Please read all associated disclosures and disclaimers in full beforeinvesting. Neither WSE nor any party affiliated with us is a registeredinvestment adviser or broker-dealer with any agency or in any jurisdictionwhatsoever. To download our report(s), read our disclosures, or for moreinformation, visit

https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, orcomments reach out to us directly. If you're a company,we are covering and wish to no longer feature on our coverage list contact usvia email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Fridayat:

Email: info@wallstequities.com
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, ShawCenter Singapore 228

CFA® and Chartered FinancialAnalyst® are registered trademarks owned by CFA Institute.

SOURCE:Wall St. Equities

Advertisement